Arizona weekly journal-miner., 1887-05-04
OUR OUTLOOK FOR The FUTURE.

| The unmistakable signs of the times
 point to an exceptional era of prosperity
 for Prescott and the adjlcert country
 4 great impetus has been given 10 the
 prcg'es> ui tnis neigh6orhood within 8
 very lev mouths, and even the most
 skeptical are becoming imbued with the rheer'ulness which accompanies good
 times. The coterie of doub,ing Thorn ases who erstwhIe held down the street ! corners, airing in undistufbed con fdenCe
 their lugubrious comments upon the
 emptiness of things in general and the
 worthlessness of this place in particular,
 have been utterly demoralized and knock
 ed out by the complete failure of th, ir predictions, and the convincing evidences of progress which appear on every side, and their fam, protesting gruntsa are lost in the lively stir ot trade and increased
 business. X railroad has been built m spite of the adverse efforts of the wisefo) men who said II could not be done. Travellers can now come and go with ease and speed, either for business or pleasure. Freight is hauled so and from Prescott by rall for about one-fiith of what it formerly cost by wagon, and It has become profitable to work mines and market ore ny the thousands of tons which could not be made productive with less favorable transportation faciii- ties. Sampling works have been erected and are nearly ready for business, and ii IS estimated that they will be furnished with 300 tons oi vre monthly to stat with, and that .ae supply will increase to a surprisingly large monthly product. The mining industry Is reyiving in all directions around us. It is now possible to work profitaby our inexhaustble sup ply of low-grade ores, and the long oe- ferred hopes of our waiting miners seem about to be realized. The Walnut Grove Water Storage company has under way an enterprise, the magnitude of which IS no, realized by most of cur people. t means the primary outlay of nearly a million of dollars, and n Insures the permanent expenditure annually of mary thousands, while the storage of water and the reclamation and utilization Of large area of land and the working Jt phenomenally rich gravel deposits which have been heretofore vslueless for want of water, # the plans of the company are carried out, will revolutionize, com mer cially, all Central Arizona.
 Diamond To" Reynolds, the million aire steamboat and railroad man. has mining Enterprise, already well started, Tear f.ere which insures the primary ln- vPstment of SIoo, oco at least, with large possibilities for the future. 4 wealth ' syndicate has purchased some valuai lie mines on Cherry creek and very soon will have under way a mining and mi.i- ing enterprise of no mean proportions. A large mill is about to be erected on Groom creek and also one on SquAw creek, and capitalists who mean business are looking at the properties on Nartlnez, Hassayampa and Lynx creeks Several large water storage propositions are be- ing projected, with good chances for success, and all Of the mining districts
 in this neighborhood are receiving atten- ton from men of capital who are seek ing investments. We can enumerate where, in the space of few months, en- terprises have been started in our midst which insure the expenditure of several millions of dollars, yet We have growlers and drones in our community who grumble at the dullness of the times and protest that little or no progress IS being made They should die or leave the country.